{"id":107420,"date":"2025-10-24T08:47:11","date_gmt":"2025-10-24T08:47:11","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=107420"},"modified":"2025-10-24T08:47:11","modified_gmt":"2025-10-24T08:47:11","slug":"crypto-news-today-october-24-changpeng-zhao-after-hayes-another-trump-crypto-pardon-bitcoin-price-climbs-111-5k-as-cpi-looms-but-whats-next-sbf-do-kwon","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=107420","title":{"rendered":"Crypto News Today, October 24: Changpeng Zhao After Hayes, Another Trump Crypto Pardon | Bitcoin Price Climbs $111.5K as CPI Looms, But What\u2019s Next? SBF? Do Kwon?"},"content":{"rendered":"<p><span>In crypto news, markets are singing over the fact that former Binance chief Changpeng Zhao (CZ) received a crypto pardon, a decision following Arthur Hayes\u2019 earlier reprieve, all while the Bitcoin price surges past $111,500 today. The timing brought questions as to whether Trump\u2019s recent moves are part of a larger effort to lift the crypto sentiment ahead of key economic data.<\/span><\/p>\n<p><span>Following the news, Bitcoin price bumped by more than 1% in the past 24 hours, pushing the total crypto market cap to roughly $3.85 trillion today. Apart from the pardon, analysts think that the rebound may be linked to optimism surrounding the speculation about another rate cut this year, especially with the market t<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/we-are-so-f-ing-back-bitcoin-btc-usd-price-back-to-110k-eth-xrp-sol-follow\/\" target=\"_blank\" rel=\"noopener\">hat looks bottoming<\/a>.<\/span><\/p>\n<p><span><\/span><\/p>\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<p><\/p>\n<p>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coins\/\" target=\"_blank\" rel=\"noopener\">9+ Best Memecoin to Buy in 2025<\/a><\/p>\n<h2>Changpeng Zhao Crypto Pardon Drama and Crypto Sentiment<\/h2>\n<p><span>The crypto pardon for Changpeng Zhao effectively wipes his record after a short sentence tied to Binance\u2019s $4.3 billion settlement. With a clean slate, Changpeng Zhao can run for the US presidency now. CZ, not SBF.<\/span><\/p>\n<p><a href=\"https:\/\/twitter.com\/cz_binance?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@cz_binance<\/a> pardoned means he can run for a US president now. Bullish <a href=\"https:\/\/t.co\/cXlbs6t1dh\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/cXlbs6t1dh<\/a><\/p>\n<p>\u2014 BANJO IN CAPSLOCK (@BANJOINCAPSLOCK) <a href=\"https:\/\/twitter.com\/BANJOINCAPSLOCK\/status\/1981629422261383311?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 24, 2025<\/a><\/p>\n\n<p><span>Crypto Twitter argues it\u2019s preferential treatment, while supporters claim CZ\u2019s cooperation and leadership have helped legitimize parts of the industry. On the prediction platform Polymarket, bets now show a 2% chance that Sam Bankman-Fried (SBF) could receive a similar pardon this month, though many doubt it, given his role in the <a class=\"general-link\" href=\"https:\/\/en.wikipedia.org\/wiki\/Bankruptcy_of_FTX\" target=\"_blank\" rel=\"noopener\">FTX collapse<\/a>.\u00a0<\/span><\/p>\n\n<p><span>(source \u2013 <a class=\"general-link\" href=\"https:\/\/polymarket.com\/event\/will-trump-pardon-sbf-by-october-31?tid=1761293222332\" target=\"_blank\" rel=\"noopener\"><strong>Polymarket<\/strong><\/a>) <\/span><\/p>\n<p><span>Compared side by side, Changpeng Zhao regulatory failures differ sharply from SBF\u2019s outright fraud, or even DO Kwon\u2019s. CZ faced compliance violations; SBF misused billions in user funds. Some speculate Trump\u2019s crypto pardon spree might be strategic, aiming to attract crypto voters and reinforce the US as a global blockchain hub. Yet SBF\u2019s crimes may be too heavy for redemption, no matter how bullish the sentiment gets.<\/span><\/p>\n<p>Deeply grateful for today\u2019s pardon and to President Trump for upholding America\u2019s commitment to fairness, innovation, and justice. <\/p>\n<p>Will do everything we can to help make America the Capital of Crypto and advance web3 worldwide. <\/p>\n<p>(Still in flight, more posts to come.)\u2026<\/p>\n<p>\u2014 CZ  BNB (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1981404850832494666?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 23, 2025<\/a><\/p>\n\n<p>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-100x-crypto\/\" target=\"_blank\" rel=\"noopener\">10+ Next Crypto to 100X In 2025<\/a><\/p>\n<h2>Major Crypto News Today: Bitcoin Price Blasting Post Pardon, But Will It Sustain?<\/h2>\n<p><span>Data from DefiLlama shows total <a class=\"general-link\" href=\"https:\/\/defillama.com\/\" target=\"_blank\" rel=\"noopener\">DeFi value locked (TVL)<\/a> climbing to $152 billion, climbing by almost 4% in a day. There\u2019s also a bullish metric as the stablecoin market cap reaches an all-time high, which means people are ready to re-enter the market.<\/span><\/p>\n<p><span>We are all, unless those shorting, expecting the upcoming CPI report to show under 3.1% inflation yearly. However, Polymarket bettors are giving a <a class=\"general-link\" href=\"https:\/\/polymarket.com\/event\/september-inflation-annual?tid=1761293122282\" target=\"_blank\" rel=\"noopener\">51% chance of inflation surpassing 3%<\/a>.<\/span><\/p>\n<p> US CPI will be released tomorrow at 8:30am ET.<\/p>\n<p>The market expectations are at 3.1%, while last month&#8217;s CPI was at 2.9%.<\/p>\n<p>Here are different scenarios:<\/p>\n<p>1\u20e3 CPI &gt; 3.1%<\/p>\n<p>This will be bearish for markets.<\/p>\n<p>This is because it&#8217;ll mark the highest CPI print since June 2024.<\/p>\n<p>2\u20e3 CPI\u2026 <a href=\"https:\/\/t.co\/uEl435PNa2\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/uEl435PNa2<\/a><\/p>\n<p>\u2014 Ash Crypto (@Ashcryptoreal) <a href=\"https:\/\/twitter.com\/Ashcryptoreal\/status\/1981479659432022114?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 23, 2025<\/a><\/p>\n\n<p><span>As for the charts, the Bitcoin price rebound suggests a possible market bottom. Sentiment remains cautious as the Fear &amp; Greed Index sits at 30, but traders see early signs of reversal. Ethereum rose 2.3% to $3,950, though \u201cETH season\u201d still feels distant for now.<\/span><\/p>\n<p><span><\/span><\/p>\n<div class=\"cfg-indicator-container\">\n<div class=\"cfg-top-content-holder\">\n\t\t&lt;!&#8211;\n<h4 class=\"cfg-title\"><\/h4>\n<div class=\"cfg-last-updated\">Last updated: <\/div>\n<p>&#8211;&gt;<\/p>\n<h4 class=\"cfg-title\">Crypto Fear and Greed Index<\/h4>\n<div class=\"cfg-last-updated\">Last updated: Oct 24, 2025<\/div>\n<\/div>\n<div class=\"cfg-main-content-holder\">\n\t\t\t<\/div>\n<\/div>\n<p><\/p>\n<p><span>In short, most crypto news headlines today show a torn between drama and optimism. With Changpeng Zhao pardon fueling debate and Bitcoin price defying fear, the next CPI report will decide whether this rally turns real or fades into another fakeout.<\/span><\/p>\n<p>DISCOVER:<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"noopener\">\u00a0Best Meme Coin ICOs to Invest in 2025<\/a><\/p>\n<p><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/p>\n<div class=\"nnbtc-live-articles-list\">\n<div class=\"nnbtc-updates-container\">\n<div class=\"nnbtc-live-article\">\n<div class=\"nnbtc-update-meta\">\n\t\t<span class=\"nnbtc-update-time-dot\"><\/span><br \/>\n\t\t<a class=\"nnbtc-update-time\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/crypto-news-today-october-24-changpeng-zhao-after-hayes-another-trump-crypto-pardon-bitcoin-price-climbs-111-5k-as-cpi-looms-but-whats-next-sbf-do-kwon\/#article-300561\" target=\"_self\" rel=\"noopener\"><br \/>\n\t\t\t13 minutes ago\t\t<\/a><\/div>\n<div class=\"nnbtc-update-title\">\n<h2>LINEA Ignition Program Ends Sunday: LINEA Price Prediction Calls Reversal to $0.025<\/h2>\n<\/div>\n<div class=\"nnbtc-update-author\">\n<div>\n\t\t\t\tBy  <span class=\"nnbtc-author-name\">Akiyama Felix<\/span>\n\t\t\t<\/div>\n<\/div>\n<div class=\"nnbtc-update-content\">\n<p>Could the LINEA price finally reverse after one of the toughest months in its short trading history? As the Linea crypto ecosystem prepares to close its 10-week liquidity campaign (the Linea Ignition Program), traders are watching closely to see if this Sunday\u2019s conclusion could trigger the recovery bulls have been waiting for.<\/p>\n<p>With TVL soaring to over $1.6 billion but token unlocks still weighing on sentiment, can Linea ignite one more rally into the next altcoin season, or is the hype already fading?<\/p>\n<p><span><\/span><\/p>\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<p><\/p>\n<p>Read the full story <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/linea-ignition-program-ends-sunday-linea-price-prediction-calls-reversal-to-0-025\/\" target=\"_blank\" rel=\"noopener\"><strong>here<\/strong><\/a>.<\/p>\n<\/div>\n<\/div>\n<div class=\"nnbtc-live-article\">\n<div class=\"nnbtc-update-meta\">\n\t\t<span class=\"nnbtc-update-time-dot\"><\/span><br \/>\n\t\t<a class=\"nnbtc-update-time\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/crypto-news-today-october-24-changpeng-zhao-after-hayes-another-trump-crypto-pardon-bitcoin-price-climbs-111-5k-as-cpi-looms-but-whats-next-sbf-do-kwon\/#article-300544\" target=\"_self\" rel=\"noopener\"><br \/>\n\t\t\t35 minutes ago\t\t<\/a><\/div>\n<div class=\"nnbtc-update-title\">\n<h2>XPL Price Faces $86M Token Unlock: Next 100X Crypto to Buy Instead of XPL Losses?<\/h2>\n<\/div>\n<div class=\"nnbtc-update-author\">\n<div>\n\t\t\t\tBy  <span class=\"nnbtc-author-name\">Akiyama Felix<\/span>\n\t\t\t<\/div>\n<\/div>\n<div class=\"nnbtc-update-content\">\n<p>Could the next 100x crypto emerge just as XPL price faces a massive unlock? With Plasma (XPL), one of the most hyped stablecoin Layer-1 networks, about to release 88M tokens worth roughly $32M, investors are bracing for volatility.<\/p>\n<p>The question is simple: will this unlock spark a recovery or a more resounding crash, and which project might offer better upside during the coming altcoin season? Let\u2019s break down the data and explore whether the Plasma crypto narrative still holds weight, or if it\u2019s time to look elsewhere.<\/p>\n<p><span><\/span><\/p>\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<p><\/p>\n<p>Read the original piece <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/presales\/xpl-price-faces-86m-token-unlock-next-100x-crypto-to-buy-instead-of-xpl-losses\/\" target=\"_blank\" rel=\"noopener\"><strong>here<\/strong><\/a>.<\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/crypto-news-today-october-24-changpeng-zhao-after-hayes-another-trump-crypto-pardon-bitcoin-price-climbs-111-5k-as-cpi-looms-but-whats-next-sbf-do-kwon\/\">Crypto News Today, October 24: Changpeng Zhao After Hayes, Another Trump Crypto Pardon | Bitcoin Price Climbs $111.5K as CPI Looms, But What\u2019s Next? SBF? Do Kwon?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>In crypto news, markets are singing over the fact that former Binance chief Changpeng Zhao (CZ) received a crypto pardon, a decision following Arthur Hayes\u2019 earlier reprieve, all while the Bitcoin price surges past $111,500 today. The timing brought questions as to whether Trump\u2019s recent moves are part of a larger effort to lift the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":107421,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-107420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/107420"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=107420"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/107420\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/107421"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=107420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=107420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=107420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}